KIRLOSKAR FERROUS IND LONGOn daily chart, with a good volume, a breakout is being seen. Due to the reason that the monthly RSI is in overbought zone, I have reduced the target, otherwise as per basic rules, target is above 600. You can enter on this candle and wait but wait for the weekly candle to close above the consolidating range. The target is expected to reach till the green box ends.
Disclaimer:- I am not a SEBI Reg. Analyst. Do your own research before trading or investing.
